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Recently, Banxico lowered its interest rate by 50 basis points (bps), as expected, to 8.50%, marking the seventh consecutive ...
Birkenstock Holding plc (NYSE:BIRK) shares are trading higher on Thursday after the company reported the second-quarter FY25 ...
Notably, Tether (USDTUSD), the largest stablecoin issuer, held $98.5 billion in U.S. Treasurys as of March 2025, up from nearly $0 in 2020. As of February, Tether was the 21st-largest foreign U.S.
For more than a decade, a $32 billion manufacturer has been conducting a radical experiment. No one has a boss or takes ...
The Bangladesh Bank (BB) has, somewhat unexpectedly, reverted to the exchange rate regime announced on December 31, 2024, ...
Trade reforms aimed at lowering tariff and non-tariff barriers would support the diversification of the export basket while also helping respond to the challenge of the Trump reciprocal tariff ...
Engineering an orderly transition toward greater currency diversification is urgent. It would strengthen financial resilience ...
A weaker U.S. dollar means American companies can sell their goods at more competitive prices overseas. But it also threatens ...
Analysts at Deutsche Bank foresee stablecoins becoming mainstream as the US pushes forward with more formal crypto ...
In the simplest explanation, as stronger buck can make dollar-priced bullion more expensive to overseas buyers, and vice versa. So when the dollar strengthens, gold tends to fall, and a weaker ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Bullish bets on the Taiwan dollar surged to their highest since late 2020 after the currency posted its steepest one-day gain ...
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